Allegiant maintains faith in MD-80 with Finnair purchase

Allegiant Air parent Allegiant Travel Co. announced the purchase from Finnair of six MD-80s and three spare engines that currently are on lease to FlyNordic, which was sold by Finnair to Norwegian last year.
"Our strong financial condition permits us to purchase aircraft for cash," Allegiant Chairman and CEO Maurice Gallagher Jr. said. The airline claimed to be one of only two in the US to carry more cash than debt as of Dec. 31.
Four of the aircraft will enter service for Allegiant in the ...